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Strictly Come Dancing star Nick Knowles, 61, 'is £15,000 in the red' after launching lingerie and sex toy company with fiancée Katie Dadzie, 34, one year ago

It is said that figures show their company, Boa Boa, are £15,203 in the red after the first year of trading.

But Nick has made the decision to put his home on the rental market as he marks the next step in his relationship with Katie after their engagement last year. Nick recently put his idyllic Cotswold cottage up for rent for £1,600 a month after moving into Katie's Berkshire home ahead of his Strictly stint 'My real memories when I was little were things like picking pea-pods in the back garden with my uncle and my dad and going for walks in the woods, it didn't actually have anything to do with the size of my house.'

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